Asset Allocation

As of December 31, 2025.
Type % Net
Cash 61.87%
Stock 0.01%
Bond 37.03%
Convertible 0.00%
Preferred 0.00%
Other 1.09%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 22.99%
Corporate 21.99%
Securitized 54.32%
Municipal 0.00%
Other 0.70%
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Region Exposure

% Developed Markets: 39.62%    % Emerging Markets: 2.63%    % Unidentified Markets: 57.76%

Americas 38.49%
35.26%
Canada 1.47%
United States 33.79%
3.23%
Brazil 2.13%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 3.69%
United Kingdom 0.56%
2.68%
Ireland 2.37%
Italy 0.02%
Netherlands 0.26%
Switzerland 0.02%
0.00%
0.46%
Saudi Arabia 0.46%
Greater Asia 0.05%
Japan 0.05%
0.00%
0.00%
0.00%
Unidentified Region 57.76%

Bond Credit Quality Exposure

AAA 30.93%
AA 15.65%
A 18.34%
BBB 2.71%
BB 6.36%
B 0.00%
Below B 1.29%
    CCC 0.95%
    CC 0.00%
    C 0.11%
    DDD 0.00%
    DD 0.00%
    D 0.23%
Not Rated 0.33%
Not Available 24.39%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
20.85%
Less than 1 Year
20.85%
Intermediate
50.87%
1 to 3 Years
20.33%
3 to 5 Years
15.21%
5 to 10 Years
15.33%
Long Term
28.20%
10 to 20 Years
6.22%
20 to 30 Years
15.18%
Over 30 Years
6.80%
Other
0.08%
As of December 31, 2025
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